Tender: Delivery and Operation of Closed Road Cycle Circuit – Leckwith, Cardiff

About

The Contracting Authority is seeking a Delivery Partner to design, construct, deliver and operate a Closed Road Cycle Circuit facility in the Leckwith area of Cardiff. The contract will be a concession under the Procurement Act 2023 and requires parties to enter a Development Agreement for construction, followed by a Property Lease and a Management Agreement for ongoing operation. The scheme, identified as a priority by the national governing bodies for Cycling, Triathlon and Athletics and as a Principal Legacy Development for the Tour de France 2027, is anticipated to cost around £4.5m with potential partial funding from legacy funding and grants; however the Contracting Authority will only provide the land via long-lease and support with grant applications and will not otherwise fund delivery or operation, so any funding shortfall and market risk will be the responsibility of the Delivery Partner. There is a contractual requirement that at least 20% of net profits must be reinvested in the facility and/or activity engagement.